Roth IRAs versus traditional IRAs

The primary difference between Roth IRAs and traditional IRAs is the point at which your investment is taxed.  Contributions to a Roth IRA are not tax-deductible and withdrawals are generally tax-free.  The benefit to Roth IRAs is that there are fewer restrictions and requirements.  For inheritance purposes, passing a traditional IRA to your children means…

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4 Baby Boomer housing decisions

Owning a home is part of the American dream, or at least it has been.  It’s a bit up in the air for the Millennials and while that gets sorted out, the Baby Boomers are still keen to own their own home.  A US News story looked at seven housing trends for Baby Boomers which…

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A Reverse Mortgage to Increase After-Tax Wealth

By Emily Study A recent column published by the Wall Street Journal states that using proceeds from a reverse mortgage could help retirees strategically maximize the after-tax value of their wealth. In his column, Wade Pfau — a professor of retirement income at The American College in Bryn Mawr, Penn. — suggests that reverse mortgage…

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Not the same old doctor

Experts project that by the time 2020 rolls around in just five years, the American health care field will see a shortage of 20,400 primary care physicians.  One thought is that primary care nurse practitioners (NPs) and physician assistants (PAs) could relieve some of the strain since their numbers are increasing more rapidly than the physician…

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Creating a safe place for aging

I don’t know if you’ve looked around but there are a bunch of senior retirement communities out there.  Senior Housing News, a senior housing industry publication counts over 30,000 professionals and experts in the senior industry.  And while Baby Boomers are making the move to those communities, even more are trying to redefine just what…

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